History of ICICI 1955

The Industrial Credit and Investment Corporation of India Limited (ICICI) incorporated at the initiative of the World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses. Mr.A.Ramaswami Mudaliar elected as the first Chairman of ICICI Limited.

: ICICI emerges as the major source of foreign currency loans to Indian industry. Besides funding from
the World Bank and other multi-lateral agencies, ICICI was also among the first Indian companies to raise funds from international markets. 1956 : ICICI declared its first dividend of 3.5%. 1958 : Mr.G.L.Mehta appointed the second Chairman of ICICI Ltd. 1960 : ICICI building at 163, Backbay Reclamation, inaugurated. 1961 : The first West German loan of DM 5 million from Kredianstalt obtained. 1967 : ICICI made its first debenture issue for Rs.6 crore, which was oversubscribed. 1969 : The first two regional offices in Calcutta and Madras set up. 1972 : The second entity in India to set up merchant banking services. : Mr. H. T. Parekh appointed the third Chairman of ICICI. 1977 : ICICI sponsored the formation of Housing Development Finance Corporation. Managed its first equity public issue 1978 : Mr. James Raj appointed the fourth Chairman of ICICI. 1979 : Mr.Siddharth Mehta appointed the fifth Chairman of ICICI. 1982 : 1982 : ICICI became the first ever Indian borrower to raise European Currency Units. : ICICI commences leasing business. 1984 : Mr. S. Nadkarni appointed the sixth Chairman of ICICI. 1985 : Mr. N.Vaghul appointed the seventh Chairman and Managing Director of ICICI. 1986 : ICICI became the first Indian institution to receive ADB Loans. : ICICI, along with UTI, set up Credit Rating Information Services of India Limited, India's first professional credit rating agency. : ICICI promotes Shipping Credit and Investment Company of India Limited. : The Corporation made a public issue of Swiss Franc 75 million in Switzerland, the first public issue by any Indian entity in the Swiss Capital Market. 1987 : ICICI signed a loan agreement for Sterling Pound 10 million with Commonwealth Development Corporation (CDC), the first loan by CDC for financing projects in India. 1988 : Promoted TDICI - India's first venture capital company. 1993 : ICICI Securities and Finance Company Limited in joint venture with J. P. Morgan set up. : ICICI Asset Management Company set up. 1994 : ICICI Bank set up. 1996 : ICICI Ltd became the first company in the Indian financial sector to raise GDR. : SCICI merged with ICICI Ltd. : Mr. K.V.Kamath appointed the Managing Director and CEO of ICICI Ltd 1997 : ICICI Ltd was the first intermediary to move away from single prime rate to three-tier prime rates structure and introduced yield-curve based pricing. : The name The Industrial Credit and Investment Corporation of India Ltd changed to ICICI Ltd. : ICICI Ltd announced the takeover of ITC Classic Finance. 1998 : Introduced the new logo symbolizing a common corporate identity for the ICICI Group. : ICICI announced takeover of Anagram Finance. 1999 : ICICI launched retail finance - car loans, house loans and loans for consumer durables. : ICICI becomes the first Indian Company to list on the NYSE through an issue of American Depositary Shares. 2000 : ICICI Bank became the first commercial bank from India to list its stock on NYSE. : ICICI Bank announces merger with Bank of Madura. 2001 : The Boards of ICICI Ltd and ICICI Bank approved the merger of ICICI with ICICI Bank. 2002 : ICICI Ltd merged with ICICI Bank Ltd to create India¶s secondlargest bank in terms of assets. : ICICI assigned higher than sovereign rating by Moody¶s. : ICICI Bank launched India¶s first CDO (Collateralised Debt Obligation) Fund named Indian Corporate Collateralised Debt Obligation Fund (ICCDO Fund). : "E Lobby", a self-service banking centre inaugurated in Pune. It was the first of its kind in India. : ICICI Bank launched Private Banking. : 1100seat Call Centre set up in Hyderabad : ICICI Bank Home Shoppe, the first-ever permanent aggregation and display of housing projects in the county, launched in Pune, : ATM-on-Wheels, India¶s first mobile ATM, launched in Mumbai. 2003 : The first Integrated Currency Management Centre launched in Pune. : ICICI Bank announced the setting up of its first ever offshore branch in Singapore. : The first offshore banking unit (OBU) at Seepz Special Economic Zone, Mumbai, launched. : ICICI Bank¶s representative office inaugurated in Dubai. : Representative office set up in China. : ICICI Bank¶s UK subsidiary launched. : India¶s first ever "Visa Mini Credit Card", a 43% smaller credit card in dimensions launched. : ICICI Bank subsidiary set up in Canada. : Temasek Holdings acquired 5.2% stake in ICICI Bank. : ICICI Bank became the market leader in retail credit in India. 2004 : Max Money, a home loan product that offers the dual benefit of higher eligibility and affordability to a customer, introduced. : Mobile banking service in India launched in association with Reliance Infocomm. : India¶s first multi-branded credit card with HPCL and Airtel launched. : Kisan Loan Card and innovative, low-cost ATMs in rural India launched.

Banking Interactive Service . Indonesia and Malaysia. : "Free for Life" credit cards launched wherein annual fees of all ICICI Bank Credit Cards were waived off. : ICICI Bank subsidiary set up in Russia.m. commercial vehicles loans. launches its first branch in New York : ICICI Bank enters Germany. : ICICI Bank raised Rs 20. Hardoi. : ICICI Bank became the first private bank in India to offer both floating and fixed rate on car loans. Russia. training and promoting the microfinance clients and ICICI Bank would finance the clients directly on the recommendation of the MFI.com across all the 27 circles of BSNL. : ICICI Bank introduced the concept of floating rate for home loans in India.96 billion (equivalent of USD 1. : ICICI Bank¶s GBP 350 million international bond offering marked the inaugural deal in the sterling market from an Indian issuer and also the largest deal in the sterling market from Asia. : ICICI Bank concluded India's largest ever securitization transaction of a pool of retail loan assets aggregating to Rs.along with DISHTV. Disha provides free credit counseling. : ICICI Bank became the first private entity in India to offer a discount to retail investors for its follow-up offer. : ICICI Bank became the first bank in India to launch a premium credit card -. : ICICI Bank introduced 8-8 Banking wherein all the branches of the Bank would remain open from 8a. : Introduced a new product . the United States and Japan. an online resource centre. : ICICI Bank signed a multi-tranche dual currency US$ 1. The MFI would undertake the promotional role of identifying. this became an effective delivery option for ICICI Bank¶s micro finance institution partners. : Introduced SME Toolkit. : ICICI Bank and Visa jointly launched mChq ± a revolutionary credit card on the mobile phone. This event is the largest domestic invitation amateur golf event conducted in India. It is also the largest deal in Asia (ex-Japan) in 2008 till date and the second largest deal in Asia (ex-Japan & Australia) since the beginning of 2007. Gujarat. 2006 : ICICI Bank became the first Indian bank to issue hybrid Tier-1 perpetual debt in the international markets. : First Indian company to make a simultaneous equity offering of $1. which is designed to earn accelerated reward points to the card holders with every British Airways flight or by spending on everyday purchases : ICICI Bank Board appoints Mr K. a nationwide Golf tournament for high networth clients of the private banking division launched. ICICI Bank launched the "Probationary Officer Programme". 2009 2009 : ICICI bank ties up with BSNL Cell One for bill payments. finance and grow their business. : ICICI Bank introduced partnership model wherein ICICI Bank would forge an alliance with existing micro finance institutions (MFIs). 2007 : ICICI Bankµs USD 2 billion 3-tranche international bond offering was the largest bond offering by an Indian bank. : Bhoomi puja conducted for a regional hub in Hyderabad. : Launched Bank@home services for all savings and current a/c customers residing in India : ICICI Bank Eurasia LLC inaugurated its first branch at St Petersburg. to help small and medium enterprises start. : ICICI Bank launches ICICIACTIVE . 2008 : ICICI Bank enters US. nation wide initiative to attract bright graduate students to pursue a career in banking. from Monday to Saturday. opens its first branch in Frankfurt : ICICI Bank launched iMobile. : ICICI Bank Limited acting through its Hong Kong Branch (ICICI Bank) signed an . : Launched India¶s first ever jewellery card in association with jewelry major Gitanjali Group.000 crore (approx $5 billion) from both domestic and international markets through a follow-on public offer.: ICICI Bank and CNBC TV 18 announced India¶s first ever awards recognizing the achievements of SMEs. : ICICI Bank opened its 500th branch in India. : Financial counseling centre Disha launched.µNRI smart save Deposits¶ ± a unique fixed deposit scheme for nonresident Indians. : Sangli Bank amalgamated with ICICI Bank. A low-cost solution. a breakthrough innovation in banking where practically all internet banking transactions can now be simply done on mobile phones.5 billion syndication loan agreement in Singapore.The Visa Signature Credit Card. construction equipment loans and professional equipment loans. it will facilitate bill payment for BSNL Cell One users through www. : Private Banking Masters 2005. while the existing non-executive Chairman Mr N Vaghul retires after completing his term on April 30. V. to 8 p. financial planning and debt management services. 48. 2005 : First rural branch and ATM launched in Uttar Pradesh at Delpandarwa. : Representative offices opened in Thailand. : ICICI Bank and British Airways launch co-branded credit card. : Acquired IvestitsionnoKreditny Bank of Russia. 2009. Kamath as non-executive Chairman and Ms Chanda Kochhar as Managing Director & CEO effective May 1.m.21 billion) in a multi-tranche issue backed by four different asset categories. which will allow viewers to see information about the Bank's products and services and contact details on their DISHTV screens.icicibank.8 billion in India. : In a first of its kind. Andhra Pradesh. a pioneering initiative to encourage the contribution of Small and Medium Enterprises to the growth of Indian economy. : ICICI Bank became the largest bank in India in terms of its market capitalization. : ICICI Bank became the largest retail player in the market to introduce a biometric enabled smart card that allow banking transactions to be conducted on the field. : Foundation stone laid for a regional hub in Gandhinagar.

Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates. Bangladesh.step Buyer Credit (Export Credit) arrangement.agreement on Export Credit Line totaling up to US$100 million with the Japan Bank for International Cooperation (JBIC) which constitutes the international wing of Japan Finance Corporation.634. and has a presence in 19 countries. : Ms Chanda Kochhar takes charge as the Managing Director & CEO of ICICI Bank from May 1. venture capital and asset management. 2009 About Us ICICI Bank is India's second-largest bank with total assets of Rs.507 branches and 5. Hong Kong. 40. The Bank currently has subsidiaries in the United Kingdom. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking.00 billion (US$ 81 billion) at March 31. 2010 and profit after tax Rs. With a strong customer focus. investment banking. Our UK subsidiary has established branches in Belgium and Germany. including India. life and general insurance. India¶s leading mobile payment solutions provider. South Africa. : ICICI Bank Limited acting through its Hong Kong Branch (ICICI Bank) signed a loan agreement with the ExportImport Bank of China (China Exim) for USD 98 million under the Two. OVERVIEW ICICI Group offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised group companies. subsidiaries and affiliates in the areas of personal banking. the ICICI Group Companies have maintained and enhanced their leadership position in their . to facilitate mChek services to all ICICI Bank Debit and Credit Card customers. branches in United States. Bahrain. : ICICI Bank announced an association with mChek. China. The Bank has a network of 2. ICICI Bank is the first Indian Bank to have entered into this arrangement with China Exim : ICICI Bank with Singapore Airlines launched ³ICICI Bank Singapore Airlines Visa Platinum Credit Card´. Russia and Canada. 2010. These are electronic cards issued to the customers with mChek application on their mobile phone. Malaysia and Indonesia. Singapore. Sri Lanka. 3.25 billion (US$ 896 million) for the year ended March 31. Thailand.808 ATMs in India. venture capital and asset management. ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE). the Card has exclusive privileges especially designed for the members. life and nonlife insurance.

ICICI Lombard General Insurance has achieved a market share of 27. ICICI Prudential attained a market share of 10. 2009.com for the years .respective sectors. It is also the pioneer in launching innovative health care products like Diabetes Care Active and health Saver.01 billion (US$ 75 billion) at March 31. 37.20 billion in fiscal 2009.000 financial advisors operating from more than 2000 branches spread across 1800 locations across the country. ICICI Prudential Life Insurance Company is a 74:26 joint venture with Prudential plc (UK).The company operates on a multi-channel platform and has a distribution strength of over 2.Corporate Finance including Equity Capital Markets Advisory Services.88 billion as on March 31. ICICI Lombard General Insurance Company. resource mobilisation. a joint venture with the Canada based Fairfax Financial Holdings. is the largest private sector general insurance company.56 billion registering a growth of 13% and held assets of Rs.9% based on retail weighted premium and garnered a total premium of Rs 153. The Bank has a network of 1. 3. The Company manages a comprehensive range of mutual fund schemes and portfolio management .2% among private sector general insurance companies and an overall market share of 11. corporate agents and brokers.2% from Rs. ICICI Securities Ltd is the largest equity house in the country providing end-to-end solutions (including web-based services) through the largest non-banking distribution channel so as to fulfill all the diverse needs of retail and corporate customers. It is the largest private sector life insurance company offering a comprehensive suite of life. It has a comprehensive product portfolio catering to all corporate and retail insurance needs and is present in over 300 locations across the country.institutional sales and trading. It is an acknowledged leader in the Indian fixed income and money markets. 327. ICICI Bank is India's second-largest bank with total assets of Rs.451 branches and about 4. 2009 and profit after tax Rs.43% as on March 31. ICICI Securities (I-Sec) has a dominant position in its core segments of its operations . Institutional Equities. 2009. 33. I-Sec PD has made pioneering contributions since inception to debt market development in India.2% during fiscal 2009. One of the first entities to be granted Primary Dealership license by RBI.76. health and pensions products. Retail and Financial Product Distribution. In addition to the agency force.58 billion for the year ended March 31. In fiscal 2009.45 billion in fiscal 2008 to 34. I-Sec PD has been recognised as the 'Best Domestic Bond House in India' by Asiamoney every year from 2002 to 2007 and selected as 'Best Bond House' by Financeasia. 2009. 514." ICICI Prudential Asset Management is the third largest mutual fund with average asset under management of Rs. 2004 to 2007 and 2009.2001. The gross return premium grew by 2. it also has tie-ups with various banks.793. I-Sec PD is also credited with pioneering debt market research in India.33 billion and a market share of 10.721 ATMs in India and presence in 18 countries. with a strong franchise across the spectrum of interest rate products and services . ICICI Securities Primary Dealership Limited is the largest Primary Dealer in Government Securities. portfolio management services and research.

which caters to various needs of people from all walks of life. ICICI Venture. Financial Services. ICICI Venture is one of the largest and most successful private equity firms in India with funds under management in excess of USD 2 billion.services to meet the varying investment needs of its investors through162 branches and 185 CAMS official point of transaction acceptance spread across the country. Information Technology. It has several ³firsts´ to its credit in the Indian Private Equity industry. Banking y y y Personal Banking o Savings & Deposits o Loans o Cards o Wealth Management Global Private Clients Corporate Banking . but to big and small organisations too. OUR COMPANIES y y y y y y y ICICI Bank ICICI Prudential Life Insurance Company ICICI Securities Limited ICICI Securities Primary Dealership Limited ICICI Lombard General Insurance Company ICICI Prudential Asset Management Company ICICI Venture PRODUCTS ICICI Group has always been at the forefront of developing innovative financial products. security and more to not just individuals. Media. Manufacturing. Amongst them are India¶s first leveraged buyout (Infomedia). the first real estate investment (Cyber Gateway). the first µroyalty-based¶ structured deal in Pharma Research & Development (Dr Reddy¶s Laboratories . the first mezzanine financing for a acquisition (Arch Pharmalabs). over the years has built an enviable portfolio of companies across sectors including Life Sciences. it has launched several financial products that offer financial support. and Real Estate thereby building sustainable value. Retail. Over the years.JV) and the first fund level secondary transaction (Coller Capital).

y y Transaction Banking Treasury Banking Investment Banking Capital Markets Custodial Services Rural & Agri Banking Structured Finance Technology Finance Business Banking o Current Account o Business Loans o Forex o Trade o Cash Management Services NRI Banking o Money Transfer o Bank Accounts o Investment o Property Solutions o Insurance o Loans o o o o o o o o Insurance & Investment y y y y Life Insurance o Life Insurance o Retirement Solutions o Health Solutions o Education Solutions General Insurance o Health Insurance o Overseas Travel Insurance o Student Medical Insurance o Motor Insurance o Home Insurance Securities o Corporate Finance o Primary Dealership o Institutional Equities o Retail Equities Mutual Fund o Our Funds o Performance Analyser o Systematic Investing .

More >> . CORPORATE BANKING Transaction Banking ICICI Bank's transaction banking solutions are designed to facilitate efficient cash flow management. More >> Cards ICICI Bank offers a variety of cards to suit your different transactional needs. Convenience of networked branches/ ATMs and facility of E-channels like Internet and Mobile Banking. More >> Wealth Management Wealth is the result of a recognised opportunity. Select any of our deposit products and provide your details online and our representative will contact you. More >> Treasury Banking ICICI Bank has a client-centric treasury. Debit Cards and Prepaid cards. we also extend a host of services so you can remain focused on immediate objectives while we take care of all your wealth management requirements. shopping and travel.y Compare Schemes Private Equity Practice o PERSONAL BANKING Deposits ICICI Bank offers wide variety of Deposit Products to suit your requirements. These cards are widely accepted both in India and abroad. More >> Loans ICICI Bank offers wide variety of Loans Products to suit your requirements. Select any of our loan product and provide your details online and our representative will contact you for getting loans. Our focus is to be the risk solution provider of choice and the premier market maker in the country. Coupled with convenience of networked branches/ ATMs and facility of E-channels like Internet and Mobile Banking. ICICI Bank brings banking at your doorstep. Read on for details and features of each. We aim to deliver the widest range of services customised to our client requirement. comprehensive and customised MIS and simplify the workload of the accounts team. Not just that. Our range includes Credit Cards. We understand this and we work with you to plan and manage your financial opportunities prudently. These cards offer you convenience for your financial transactions like cash withdrawal.

More >> Rural & Agri Banking ICICI Bank does more than just banking for the farm sector by looking beyond the conventional. More >> International Banking ICICI Bank's primary objective is to offer to its customers a complete value proposition that is globally competitive. National Commodities & Derivatives Exchange Limited (NCDEX). More >> Capital Markets ICICI Bank is one of the promoters of many leading institutions in the country like National Stock Exchange Of India Limited (NSE). GDR/ADR/Euro issues and arbitrage. As an entrepreneur. government securities and treasury bills. and by providing innovative solutions that work in the rural area. More >> . More >> Technology Finance The Technology Finance Group (TFG) of ICICI Bank implements various programmes for international agencies like World Bank and USAID. More >> Structured Finance ICICI Bank has harnessed new technologies and thought processes to introduce numerous products and services in the area of Corporate Finance to suit various clientele. exchange traded derivatives.More >> BUSINESS BANKING Current Account Get the most powerful Current Account to work for your business.from identifying potential merger or acquisition targets to realigning your business' capital structure. More >> Custodial Services ICICI Bank is a one-stop-shop offering end-to-end custody solution for equities and fixed income instruments. we know how valuable is time and money for you. More >> Business Loans Nothing should limit a growing business. etc.Investment Banking ICICI Bank can guide you through the universe of strategic alternatives . and fund accounting. Which is why we offer our support to your company through Business Loans. Central Depository Services (India) Limited (CDSL).

More >> Trade Letter of Credit. private equity or commercial real estate. Export Bill Negotiation. More >> NRI BANKING Money Transfer Send money to India through ICICI Bank's complete range of international money transfer services. structured deposits. Import Finance and Escrow Account. Export Finance. leveraging the float between faster collections and just-in-time payments. More >> Loans Avail loan facility against your deposits. There's a lot you can gain from ICICI Bank. you need a partner with proven expertise in international trade and finance. ICICI Bank's power-packed and feature-rich bank account for NRIs meets all your banking needs. More >> Cash Management Services ICICI Bank's Cash Management Services helps you make optimum use of your working capital. ICICI Bank offers a range of investment products specially designed for the global Indians. More >> LIFE INSURANCE . online share trading.Forex Fluctuations in interest and exchange rates and the price of essential materials can rapidly turn a profitable deal into a loss. Bank Guarantee. To be prepared. More >> Investments Be it international or domestic mutual funds. More >> Bank Accounts A perfect solution for the global Indian. More >> Property Solutions Avail expert advice when you buy a new home. More >> Insurance Thinking about securing your family's needs back home? ICICI Bank's insurance products can help you do just that.

More >> Overseas Travel Insurance Traveling Abroad in a hurry? ICICI Lombard 24x7 brings to you travel insurance plans that can be bought instantly & are best suited to your needs.Life Insurance Life insurance is a guarantee that your family will receive financial support should something happen to you. critical illnesses cover. hospitalisation and other costs incurred in an unexpected medical emergency. More >> Home Insurance Our Home Insurance Plan ensures you peace of mind by protecting the structure and the contents of your home in case if eventualities like fire. More >> Retirement Solutions A retirement plan is an assurance that you will continue to earn a satisfying income and enjoy a comfortable lifestyle. as a parent. earthquake. The cover ensures peace of mind. Secure your study abroad with university-complaint 2 year cover. And what's more? You pay only for the exact number of days of travel rather than the usual slab rate. etc.000 and 8 other non medical benefits all covered at approx. More >> . 1/3rd of cost of buying in dollars. floods. Medical expenses up to USD 500. even when you are no longer working. It thus permanently protects your family from financial crises. eliminates all worries about treatment expenses. More >> Health Solutions A health cover insures you against several illnesses and guarantees you stay financially secure should you ever require treatment. ICICI Lombard offers comprehensive plans ranging from covering the entire family under one policy to plans that cover OPD expenses. More >> Education Solutions One of your most important responsibilities as a parent is to ensure that your child gets the best possible education that can be provided. Education insurance plans are designed to provide peace of mind to you. More >> GENERAL INSURANCE Health Insurance Health Insurance takes care of medical. short circuits. More >> Student Medical Insurance ICICI Lombard's Student Travel Insurance plans are tailor made to suit your university requirements abroad. that your child's education will be secure. like healing. burglary etc. and allows you to focus your energy on more important things.

More >> Institutional Equities ICICI Securities assists global institutional investors to make the right decisions through insightful research coverage and a client focused Sales and Dealing team.Motor Insurance Now save money on your Car and Two-Wheeler Insurance with ICICI Lombard s comprehensive motor insurance plans.com offers a convenient and easy to use platform to invest in equity and various other financial products. a 30-member strong team. These stores offer a variety of financial products and services under one roof. Cashless cover across 1500+ network garages and 0% EMI option on premium payments with your ICICI Bank credit card. witnesses excellent responses from investors every year. The team also holds a number of theme based conferences in India that draw good responses from the clientele. The primary objective of ICICIdirect. More >> Securities Corporate Finance ICICI Securities is a SEBI registered Category I Merchant Banker and a pioneer of numerous innovative practices in Indian Investment banking space. Buying and selling shares are just a click away. specialising in large. A 30-member strong dedicated and specialized research team ensures flow of well thought-out and well-researched stock ideas and portfolio strategies. Our research team . More >> Retail Research ICICIDirect research. More >> Institutional Research The Institutional research team has 30 analysts. is a leader in independent equity research on over 170 companies. with coverage of ~150 stocks.com is to empower the individual to take complete control of his investments and offer the entire basket of investment options by giving him a democratic medium of investment with a seamless structure that integrates his bank account. his demat account and the trading account.com . small and mid cap companies. More >> Retail Equities ICICIdirect. an annual investors' conference held in Singapore and New York. More >> ICICIdirect Financial Superstore ICICIdirect recently launched the concept of 'financial superstores' across the country. `India Unlimited'.ICICIdirect. It takes immense pride for having played an instrumental role of facilitating explosive growth of the Indian economy. It is a one-stop shop that facilitates existing and potential customers to be able to talk to us and help us understand their financial plans and goals.

More >> Active Trader Services The Active Trader Service is an innovative offering from ICICI Securities which is ideal for those who are truly 'born traders'. More >> MUTUAL FUND Our Funds Every individual is different. horizons and other factors of various ICICI Prudential Mutual Fund Schemes. we assure you truly personalised service with a dedicated relationship manager assigned to your account. buyouts and real estate investments. especially when you are just starting off on your investment journey is to use the Systematic Investing. and so are his investment requirements. More >> Systematic Investing Today you have a range of options when it comes to making investments. return and risk that he desires. More >> Performance Analyser Want to track NAV movements of various ICICI Prudential Mutual Fund Schemes? Check out the Performance Analyser. More >> Investment Strategy ICICI Venture plays a holistic role in fueling growth for partners and facilitates financial discipline by offering strategic inputs and insights gained from investing across sectors. More >> . offer a range of solutions that enable every individual to create a portfolio of the tenor.makes over 300 company visits per year. We at ICICI Bank understand this and. therefore. More >> Private Equity Practice Portfolio ICICI Venture has over the years built an enviable portfolio covering a range of sectors spread across private equity. As a customer of the Active Trader Service. meeting with management from the smallest to the largest cap companies. More >> Compare Schemes Check out this helpful tool that lets you compare the investment objectives. One of the simplest and most sensible ways of investing.

strengthening civil societies. access to financial services. elementary education. ICICI Group of companies have endeavoured to contribute to address the challenges posed to the community in multiple ways. More>> 6) Go Green.Towards Sustainable Development As India's fastest growing financial services conglomerate. and environmental sustainability. 1) ICICI Foundation for Inclusive Growth: (ICICI Foundation) was founded by the ICICI Group in early 2008 to give focus to its efforts to promote inclusive growth amongst low-income Indian households.00. is a responsible corporate citizen and believes that every small 'green' step today would go a long way in building a greener future and that each one of us can work towards a better earth.000 children through the 'Read to Lead initiative. microinsurance and micro systematic investment plans. introduction of biometric cards. More>> 4) Technology Finance Group: TFG's programmes are designed to assist industry and institutions to undertake collaborative R&D and technology development projects. Because education today means a better life tomorrow. More>> 2) ICICI Group's financial inclusion initiatives: ICICI Group's financial inclusion initiatives include microfinance initiatives. credit counselling and debt management. More>> 3) Disha Counselling: Disha Financial Counselling services are free to all in areas like financial education. More>> 5) Read to Lead campaign: ICICI Bank has pledged to educate 1. with deep moorings in the Indian economy for over five decades. Each one for a better earth: ICICI Bank. ICICI Foundation's mission is to create and support strong independent organisations which work towards empowering the poor to participate in and benefit from the Indian growth process. The Foundation has built partnerships with dedicated and knowledgeable organisations working in the five areas that we believe provide essential elements for inclusive growth: primary health. models like Business Correspondents. Go Green' is an organisation wide initiative that moves beyond moving ourselves. our processes .

RBI plans to address the safety concerns with small private banks by ensuring a higher Capital Adequacy Ratio (CAR) of above 15% . and self-help groups. but given the wafer-thin margins with which these large capex mobile operators function. what a handful of private mobile operators could do in 6? The easy answer would be the scope for profits.and tough regulations to prevent related party transactions. The second RBI initiative was their recent Outreach Program to commemorate their Platinum Jubilee Year. and is now trying to address this in two novel ways. Yes. Even after the sweeping changes brought about by NREGA the second version of which made bank accounts mandatory real financial inclusion remains a dream. this can be a wave of opportunity for a new generation of financial entrepreneurs. Thanks to NREGA. our nation and our society. The distinct advantage RBI sees with the move . D Subbarao s Zero Finance Inclusion System. many of India s poorest of the poor now recognizes the use of a savings account.and our customers to cost efficient automated channels to building awareness and consciousness of our environment. cooperatives. December 10. If implemented fully. 2009 Indian Banking's Next Two Revolutions Many Indian villages have over one thousand mobile phones.as against regular banks 12% . bankers would need to find another excuse. Designed around Governor Dr. new private banks are again welcome. One of the RBI strategies would seem like a throwback to the pre-nationalization era. But they would be back in a different avatar Local Area Banks. More> Thursday. local area banks had got a major push with the findings and recommendations of the Raghuram Rajan Committee. the program had . A recent nationwide survey had brought out these shocking facts.other than great accessibility is the creation of tailor-made financial products based on local demand. Why couldn t the country s public sector banks achieve within 60 years. which if fully implemented can change the very landscape of Indian banking. not to mention the achievement of amazing levels of financial inclusion. Reserve Bank of India is aware of this challenge.is unknown by many. Originally conceived in the 1996 Union Budget. Welcome to the great Indian revolution. But that a bank can lend them money to meet their financial goals even if it is microfinance . But no bank accounts. and the efficiency with which many private micro-financiers have developed their businesses recently.

as one billion empowered people. If RBI succeeds in these two initiatives. Subir Gokarn. and Dr.inputs from all four Deputy Governors. . Dr. it would lend some credence to the tall claims of economic liberalization and the telecom / IT revolutions. The program has placed a new target for commercial banks that all villages with over 2000 people should get access to financial services by March 2010. And financial inclusion is the first step towards financial security. there is a deep chasm between the developed and developing worlds. Because for all our optimism. Shyamala Gopinath. and that chasm is the financial security of a country s people. The critical backbone of this initiative would be cuttingedge technologies like mobile banking and biometric identification. Carefully selected and authorized NGOs would be allowed to assist banks in achieving this target. Usha Thorat. KC Chakrabarty. Then and only then can we take the first step together.

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